v3.25.0.1
Goodwill and Other Intangible Assets (Tables)
 6 Months Ended
Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Changes In Carrying Amount Of Goodwill

The following table provides the changes in the carrying value of goodwill by reportable segment:

 

 

North
America

 

 

International

 

 

Total

 

Balance as of June 30, 2024(1)

 

$

689,468

 

 

$

239,836

 

 

$

929,304

 

Divestiture(2)

 

 

(7,280

)

 

 

—

 

 

 

(7,280

)

Translation

 

 

(1,914

)

 

 

(3,219

)

 

 

(5,133

)

Impairment charge

 

 

(91,267

)

 

 

—

 

 

 

(91,267

)

Balance as of December 31, 2024

 

$

589,007

 

 

$

236,617

 

 

$

825,624

 
(1)
The total carrying value of goodwill is reflected net of $134,277 of accumulated impairment charges, of which $7,700 is related to the North America reportable segment and $126,577 is related to the International reportable segment.
(2)
During the six months ended December 31, 2024, the Company completed the divestiture of ParmCrisps®, a component of the North America reportable segment. Goodwill of $7,280 was assigned to the divested component on a relative fair value basis.
Schedule of Finite-Lived Intangible Assets

The following table includes the gross carrying amount and accumulated amortization, where applicable, for intangible assets, excluding goodwill:

 

December 31, 2024

 

 

June 30, 2024

 

Non-amortized intangible assets:

 

 

 

 

 

 

Trademarks and tradenames(1)

 

$

190,677

 

 

$

195,237

 

Amortized intangible assets:

 

 

 

 

 

 

Other intangibles(2)

 

 

149,524

 

 

 

167,886

 

Less: Accumulated amortization

 

 

(116,549

)

 

 

(118,324

)

Net amortized intangible assets

 

 

32,975

 

 

 

49,562

 

Net other intangible assets

 

$

223,652

 

 

$

244,799

 
(1)
The gross carrying value of trademarks and tradenames is reflected net of $254,887 and $251,551 of accumulated impairment charges as of December 31, 2024 and June 30, 2024, respectively.
(2)
The reduction in carrying value of other intangible assets as of December 31, 2024 reflected accumulated non-cash impairment charges of $29,366 and $17,032 recognized as of December 31, 2024 and June 30, 2024, respectively.
Schedule of Finite-lived Intangible Assets Amortization Expense

Amortization expense included in the consolidated statements of operations is as follows:

 

Three Months Ended December 31,

 

 

Six Months Ended December 31,

 

 

2024

 

 

2023

 

 

2024

 

 

2023

 

Amortization of acquired intangibles

 

$

1,753

 

 

$

1,509

 

 

$

3,933

 

 

$

3,464